“Georgia Tech is honored to lead this vision of collaborative innovation and economic development across all regions of our state,” Georgia Tech President Ángel Cabrera said in a statement. “This award underscores the Institute’s commitment to leverage our resources and expertise to address great challenges, serve our state and nation, and amplify our impact on the world.”
The Build Back Better Regional Challenge’s goals include helping rebuild regional economies and creating jobs by investing in growing industries such as clean energy, next-generation manufacturing, and biotechnology.
The American Rescue Plan, led by congressional Democrats, passed along party lines last year as an effort to provide economic pandemic relief nationwide. Some economists and critics say it has worsened inflation.